Magellan Gold Corp
Magellan Copper and Gold Corp., an exploration stage company, acquisition and exploration of mineral resources in the Western United States. It explores for gold, precious metals, and copper deposits. Magellan Copper and Gold Corp. was formerly known as Magellan Copper and Gold Inc. and changed its name to Magellan Copper and Gold Corp. in April 2025. The company was incorporated in 2010 and is h… Read more
Magellan Gold Corp (MAGE) - Total Assets
Latest total assets as of September 2025: $106.01K USD
Based on the latest financial reports, Magellan Gold Corp (MAGE) holds total assets worth $106.01K USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Magellan Gold Corp - Total Assets Trend (2010–2024)
This chart illustrates how Magellan Gold Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Magellan Gold Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Magellan Gold Corp's total assets of $106.01K consist of 0.9% current assets and 99.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.9% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2010–2024)
This chart illustrates how Magellan Gold Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Magellan Gold Corp's current assets represent 0.9% of total assets in 2024, a decrease from 51.6% in 2010.
- Cash Position: Cash and equivalents constituted 0.9% of total assets in 2024, down from 51.6% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 48.0% in 2010.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Magellan Gold Corp Competitors by Total Assets
Key competitors of Magellan Gold Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Outback Goldfields Corp
OTCQB:OZBKF
|
USA | $13.40 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
McLaren Resources Inc
F:3ML
|
Germany | €29.32K |
|
PC Gold Ltd
AU:PC2
|
Australia | AU$18.12 Million |
|
4LE
F:4LE
|
Germany | €2.04 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
|
Bahvest Resources Bhd
KLSE:0098
|
Malaysia | RM430.12 Million |
|
Pearl Gold AG
F:02P
|
Germany | €9.26 Million |
Magellan Gold Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Magellan Gold Corp generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Magellan Gold Corp is currently not profitable relative to its asset base.
Magellan Gold Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.00 | 0.01 | 0.00 |
| Quick Ratio | 0.00 | 0.01 | 0.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.11 Million | $ -1.91 Million | $ -1.48 Million |
Magellan Gold Corp - Advanced Valuation Insights
This section examines the relationship between Magellan Gold Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 223.31 |
| Latest Market Cap to Assets Ratio | 30.20 |
| Asset Growth Rate (YoY) | 0.8% |
| Total Assets | $100.90K |
| Market Capitalization | $3.05 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Magellan Gold Corp's assets at a significant premium ( 30.20x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: Magellan Gold Corp's assets grew by 0.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Magellan Gold Corp (2010–2024)
The table below shows the annual total assets of Magellan Gold Corp from 2010 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $100.90K | +0.80% |
| 2023-12-31 | $100.10K | -50.19% |
| 2022-12-31 | $200.97K | -83.56% |
| 2021-12-31 | $1.22 Million | +9.62% |
| 2020-12-31 | $1.12 Million | -26.89% |
| 2019-12-31 | $1.53 Million | +0.09% |
| 2018-12-31 | $1.52 Million | -21.99% |
| 2017-12-31 | $1.95 Million | +345.04% |
| 2016-12-31 | $438.96K | +23.97% |
| 2015-12-31 | $354.10K | +6.68% |
| 2014-12-31 | $331.93K | +89.22% |
| 2013-12-31 | $175.42K | +43.70% |
| 2012-12-31 | $122.08K | +20.14% |
| 2011-12-31 | $101.61K | +25.40% |
| 2010-12-31 | $81.03K | -- |